May 9, 2006

Kashya Has Been Acquired by EMC

About Kashya

Kashya, a privately-held company, was a leading provider of enterprise-class continuous data protection (CDP) and continuous remote replication (CRR) software
Enterprises used Kasyha software to protect against loss of corporate information from server failures, data corruption, software errors and other events
The company’s principal operations were located in Ramat Gan, Israel and San Jose, California
Kashya was backed by Battery Ventures, Jerusalem Global Ventures and TL Ventures

About EMC

EMC (NASDAQ: EMC) is a leading provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information
The company’s Information Infrastructure business provides solutions in three main areas: information storage, content management & archiving, and information security (RSA)

Sell-Side Investors

Battery Ventures
Jerusalem Global Ventures
TL Ventures

Team

Sector

Infrastructure

Subsector

Storage Management

“From both offensive and defensive perspectives, EMC's acquisition of Kashya was an excellent strategic decision… With this acquisition, EMC gains an attractive alternative to many of its established replication products that can also support non-EMC storage environments.”

Stanley Zaffos Gartner

Transaction Notes

The acquisition of Kashya by EMC was announced on May 9, 2006 for a value of $153,000,000
The addition of Kashya’s best-of-breed CDP and CRR technology strengthened EMC’s position as the leading storage hardware and software vendor
The acquisition enhanced EMC’s position in network based heterogeneous replication and protection capabilities, and Kashya’s disaster recovery and snap replication technology augment EMC’s Invista solution
Kashya’s R&D operation formed the core of EMC’s Israel Software Development Center
Shea & Company served as the exclusive financial advisor to Kasyha on the company’s sale to EMC

Read the press release